Course syllabus adopted 2022-05-03 by Head of Programme (or corresponding).
Overview
- Swedish nameSkeppsmäkleri
- CodeSJO296
- Credits7.5 Credits
- OwnerTSILO
- Education cycleFirst-cycle
- Main field of studyShipping and Marine Technology
- DepartmentMECHANICS AND MARITIME SCIENCES
- GradingTH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail
Course round 1
- Teaching language English
- Application code 81129
- Maximum participants60 (at least 10% of the seats are reserved for exchange students)
- Open for exchange studentsYes
Credit distribution
Module | Sp1 | Sp2 | Sp3 | Sp4 | Summer | Not Sp | Examination dates |
|---|---|---|---|---|---|---|---|
| 0117 Written and oral assignments, part A 1.5 c Grading: UG | 0 c | 1.5 c | 0 c | 0 c | 0 c | 0 c | |
| 0217 Examination, part B 6 c Grading: TH | 0 c | 6 c | 0 c | 0 c | 0 c | 0 c |
|
In programmes
- MPMAR - MARITIME MANAGEMENT, MSC PROGR, Year 2 (elective)
- TSILO - INTERNATIONAL LOGISTICS, Year 3 (compulsory elective)
Examiner
Martin Larsson- Programansvarig, Mechanical Engineering, Mechatronics and Automation, Design along with Shipping and Marine Engineering
Eligibility
General entry requirements for bachelor's level (first cycle)Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.
Specific entry requirements
The same as for the programme that owns the course.Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.
Course specific prerequisites
Knowledge and skills corresponding to the learning outcomes of the following courses:MMS140 Introduction to international logistics
MMS105 Chartering, operation and ship management
MMS115 Company training and studies (or equivalent experience from working life)
Admittance to the Maritime management master's programme is considered equivalent to the prerequisites mentioned above.
Aim
The course is to offer deeper knowledge in maritime economics, tanker chartering and dry cargo chartering.Learning outcomes (after completion of the course the student should be able to)
- Explain ship broker's role and position in relation to his principal (so called authority).
- Explain business ethics in shipping.
- Explain business ethics in shipping.
- Explain how shipbrokers can contribute to UN's sustainable development goals.
- Explain charterparties (dry cargo and tanker) and relate to cargo and ship features and how it affects the deal.
- Explain how cargo and ship is put on the market and the negotiation procedure using standard abbreviations and technical terms.
- Explain charterparties (dry cargo and tanker) and relate to cargo and ship features and how it affects the deal.
- Explain how cargo and ship is put on the market and the negotiation procedure using standard abbreviations and technical terms.
- Markets
- Use Worldscale
- Explain financial elements (freight, demurrage, dispatch, commissions).
- Explain possibilities/risks using time charter trip instead of a voyage charter
- Explain and perform laytime calculations (dry cargo and tank).
- Clearly describe shipping related organisations, registered office, missions, type of organisation and how they contribute to its members.
- Use Worldscale
- Explain financial elements (freight, demurrage, dispatch, commissions).
- Explain possibilities/risks using time charter trip instead of a voyage charter
- Explain and perform laytime calculations (dry cargo and tank).
- Clearly describe shipping related organisations, registered office, missions, type of organisation and how they contribute to its members.
Content
The course is divided into two parts: Dry cargo chartering and tanker chartering.
Overall learning goals
- International shipping organisations.
- Business ethics, to act "as agent to" and the importance of not breaching this authority.
Dry Cargo Chartering
- Ship types and dimensions.
- Freight market and market customs
- Charterparties
- Claims and liability
Tanker Chartering
- Tank ships and systems
- Oilmarkets
- World scale
- Voyage charter parties
- Time charter parties
- Laytime
- Financial elements
Overall learning goals
- International shipping organisations.
- Business ethics, to act "as agent to" and the importance of not breaching this authority.
Dry Cargo Chartering
- Ship types and dimensions.
- Freight market and market customs
- Charterparties
- Claims and liability
Tanker Chartering
- Tank ships and systems
- Oilmarkets
- World scale
- Voyage charter parties
- Time charter parties
- Laytime
- Financial elements
Organisation
1) Lectures and tasks2) Assignments
3) Presentation
Literature
This course uses the latest edition of Institute of Chartered Shipbrokers books:- Tanker Chartering
- Dry Cargo Chartering
Due to substantial revisions, editions earlier than 2014 are NOT recommended.
Please contact examiner for ordering books.
Examination including compulsory elements
Del A: Written assignment and oral presentationDel B: Written exam
Aids at examination
Chalmers approved calculator
The final grade of the course is determined by the written exam.
The course examiner may assess individual students in other ways than what is stated above if there are special reasons for doing so, for example if a student has a decision from Chalmers on educational support due to disability.